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Baring PE Asia to invest $260 mn in Lafarge India

Will take 14% stake; transaction will accelerate the cement major's growth plans in India

Diageo gets hardly half a per cent in USL in open offer

The offer, open on April 10-26, was meant to acquire close to 38 million shares at Rs 1,440 a piece

Monsoon to enter Kerala on June 3

The prediction is with a model error of plus or minus four days: IMD

Manappuram Fin reports Rs 141-cr loss in Q4

Provision for bad and doubtful loans balloon

Karnataka Bank net dips 19% to Rs 67 cr

Total income for the quarter increased 14.13% to Rs 1,090.32 crore vs Rs 955.33 crore in the year ago quarter

Global gold, crude oil prices decline

Gold has fallen below $1,400 per ounce and Brent crude oil fell to a low of $100.75 per barrel

PM files RS nomination papers from Assam

Sohrabuddin case: Now, BJP takes on CBI

Tata Comm to delist from NYSE

Decision to terminate its ADR programme was aided by new public shareholding norms by Sebi

Electrosteel Castings Ltd records 654.33% rise in net profit in Q4

However, net sales for the quarter see 1.53% drop at Rs 495 cr as against that of previous fiscal

IMFA profit dips by 16%

However, y-o-y basis, EBITDA of the company up by 21% to Rs 284 cr

Coal price pooling will hike power tariff: Naveen

Patnaik's opposition to price pooling comes at a time when the issue is hanging fire with most states taking exception to move fearing rise in electricity tariff

Banks in Odisha achieve 79% of annual credit plan in FY13

Chidambaram promises to resolve infra bottlenecks

Says separate cell will be created to take up with departments the issues that are causing delay in implementation of stalled projects

Bosch's Chennai unit goes on stream

With an investment of Rs 35 cr, the plant has capacity to manufacture 2.2 mn window systems, 700,000 wiper systems and 500,000 thermal parts systems

Trident board approves investment of Rs 1,667 cr

The investment would be funded through debt, equity and internal accruals

GPCB shuts down Navlakhi Port for polluting air

Action initiated as port authorities fail to comply with pollution norms

US-based DIA to help FDCA train drug inspectors

Retail space absorption in Delhi-NCR down 92% in Jan-March qtr

This makes it it the lowest absorption in the last 15 quarters mainly due to constraints in availability of space

Heineken picks up stake In United Breweries

Picks up 8.5 million shares amounting to 3.2% stake in the Indian liquor maker